michealscott, if you're right people will leave their dayjobs en masse to daytrade - and we'll hit 1700 on SPX.
daytraders are coming back, but nothing like 1999. If we start seeing stocks move 4,8,15, 25 points on avg a day, I would say maybe.
amzn up $11.5 today! not only that look at the monthly it is at highs that it last tested in Jan 2004, it got there in 1 day. I wonder if this AMZN move is presaging a giant squeeze like netscape did at the start of the internet run..